Vietnam Rennet Market (2025-2031) Outlook | Forecast, Growth, Analysis, Trends, Revenue, Share, Size, Industry, Companies, Value

Market Forecast By Type (Animal-derived Rennet, Microbial Rennet, Fermentation Produced Chymosin Rennet, Vegetable Rennet), By Form (Liquid, Powder, Paste), By End-Users (Food & Beverages, Pharmaceuticals, Industrial, Chemicals, Others), By Sales Channel (Online, Offline) And Competitive Landscape
Product Code: ETC235590 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Rennet Market Size Growth Rate


The Vietnam Rennet Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.76% in 2028, following an initial rate of 11.26%, before easing to 12.54% at the end of the period.

Vietnam Rennet Market Growth Rate

Rennet Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Rennet market in Vietnam is anticipated to reach a growth rate of 13.45%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Rennet Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Rennet Market Synopsis

The Vietnam rennet market is a niche segment of the dairy and cheese production industry. Rennet is an essential enzyme used in cheese making. As the demand for dairy products, including cheese, grows in Vietnam, the market for rennet is also expanding. Dairy producers and cheese manufacturers rely on a stable supply of rennet to meet consumer preferences.

Drivers of the Market

The Vietnam rennet market has seen growth due to its applications in the dairy and cheese production industry. A key driver is the increasing demand for cheese and dairy products, driven by changing dietary preferences and consumer preferences for protein-rich foods. Rennet is a crucial enzyme used in cheese-making to coagulate milk and form curd. As the consumption of cheese and dairy products continues to rise in Vietnam, the market for rennet has also expanded to support the growing dairy industry.

Challenges of the Market

In the Vietnam rennet market, challenges primarily stem from dairy industry growth, product quality, and regulatory compliance. Rennet is a key enzyme used in cheese production, but supporting the expansion of the dairy industry, maintaining rennet quality, and adhering to dairy regulations can be complex. Additionally, ensuring the safety and reliability of rennet in cheese production is crucial. Manufacturers must collaborate with the dairy sector, focus on rennet quality, and navigate regulatory landscapes to meet the demands of Vietnam cheese and dairy industry effectively.

COVID-19 Impact on the Market

The COVID-19 pandemic significantly influenced the Vietnam rennet market. Disruptions in the food and dairy industry affected the demand for rennet products. However, as the food industry adapted to new norms and the demand for dairy products continued post-pandemic, the market showed signs of recovery.

Key Players in the Market

Key players in the Vietnam rennet market include Dairy America Vietnam Co., Ltd., Vinamilk, and FrieslandCampina Vietnam. These companies are essential in providing rennet, a key ingredient in cheese production.

Key Highlights of the Report:

  • Vietnam Rennet Market Outlook
  • Market Size of Vietnam Rennet Market, 2024
  • Forecast of Vietnam Rennet Market, 2031
  • Historical Data and Forecast of Vietnam Rennet Revenues & Volume for the Period 2021-2031
  • Vietnam Rennet Market Trend Evolution
  • Vietnam Rennet Market Drivers and Challenges
  • Vietnam Rennet Price Trends
  • Vietnam Rennet Porter's Five Forces
  • Vietnam Rennet Industry Life Cycle
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Animal-derived Rennet for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Microbial Rennet for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Fermentation Produced Chymosin Rennet for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Vegetable Rennet for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Paste for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By End-Users for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Rennet Market Revenues & Volume By Offline for the Period 2021-2031
  • Vietnam Rennet Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By End-Users
  • Market Opportunity Assessment By Sales Channel
  • Vietnam Rennet Top Companies Market Share
  • Vietnam Rennet Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Rennet Company Profiles
  • Vietnam Rennet Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Rennet Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Rennet Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Rennet Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Rennet Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Rennet Market - Industry Life Cycle

3.4 Vietnam Rennet Market - Porter's Five Forces

3.5 Vietnam Rennet Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Rennet Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Vietnam Rennet Market Revenues & Volume Share, By End-Users, 2021 & 2031F

3.8 Vietnam Rennet Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

4 Vietnam Rennet Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for dairy products in Vietnam

4.2.2 Growing awareness about the benefits of using rennet in dairy production

4.2.3 Expansion of the food processing industry in Vietnam

4.3 Market Restraints

4.3.1 Fluctuating prices of rennet in the global market

4.3.2 Lack of domestic production leading to dependency on imports

4.3.3 Stringent regulations regarding the use of rennet in dairy products

5 Vietnam Rennet Market Trends

6 Vietnam Rennet Market, By Types

6.1 Vietnam Rennet Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Rennet Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Rennet Market Revenues & Volume, By Animal-derived Rennet, 2021-2031F

6.1.4 Vietnam Rennet Market Revenues & Volume, By Microbial Rennet, 2021-2031F

6.1.5 Vietnam Rennet Market Revenues & Volume, By Fermentation Produced Chymosin Rennet, 2021-2031F

6.1.6 Vietnam Rennet Market Revenues & Volume, By Vegetable Rennet, 2021-2031F

6.2 Vietnam Rennet Market, By Form

6.2.1 Overview and Analysis

6.2.2 Vietnam Rennet Market Revenues & Volume, By Liquid, 2021-2031F

6.2.3 Vietnam Rennet Market Revenues & Volume, By Powder, 2021-2031F

6.2.4 Vietnam Rennet Market Revenues & Volume, By Paste, 2021-2031F

6.3 Vietnam Rennet Market, By End-Users

6.3.1 Overview and Analysis

6.3.2 Vietnam Rennet Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Vietnam Rennet Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.3.4 Vietnam Rennet Market Revenues & Volume, By Industrial, 2021-2031F

6.3.5 Vietnam Rennet Market Revenues & Volume, By Chemicals, 2021-2031F

6.3.6 Vietnam Rennet Market Revenues & Volume, By Others, 2021-2031F

6.4 Vietnam Rennet Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Vietnam Rennet Market Revenues & Volume, By Online, 2021-2031F

6.4.3 Vietnam Rennet Market Revenues & Volume, By Offline, 2021-2031F

7 Vietnam Rennet Market Import-Export Trade Statistics

7.1 Vietnam Rennet Market Export to Major Countries

7.2 Vietnam Rennet Market Imports from Major Countries

8 Vietnam Rennet Market Key Performance Indicators

8.1 Number of new dairy product launches using rennet in Vietnam

8.2 Percentage of dairy manufacturers adopting rennet in their production processes

8.3 Investment in research and development for rennet alternatives in the market

9 Vietnam Rennet Market - Opportunity Assessment

9.1 Vietnam Rennet Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Rennet Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Vietnam Rennet Market Opportunity Assessment, By End-Users, 2021 & 2031F

9.4 Vietnam Rennet Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

10 Vietnam Rennet Market - Competitive Landscape

10.1 Vietnam Rennet Market Revenue Share, By Companies, 2024

10.2 Vietnam Rennet Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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